Rarely a day passes without a major cyber attack in the news, whether it’s Russia targeting coronavirus vaccine research or successful attacks compromising Twitter. Organizations running SAP ERP are certainly seeing more activity, with attackers increasing in persistent and ingenuity every year.
It’s little wonder then, that over 50% of businesses now expect to be hacked, understanding that it’s a matter of ‘when’ and not ‘if’.
But despite predicting the worst, i.e.: an attack that stops business critical applications from working, – many organizations don’t have constant monitoring of their applications or custom code, but rather take a snap-shot through an audit or regular PEN testing. This is like living in a hurricane-prone area and just checking every now and then that your home is still standing. Should an attack be successful the outcome would be catastrophic.
There are many instances of organizations realizing they have been attacked and then retroactively test their SAP applications for any malicious activity.
It’s also not uncommon for organizations to discover they’ve been hacked via the news, and this will happen more now that coronavirus has exacerbated hacker activity. Attacks on banks have risen 238% since the pandemic struck, while a quarter of all attacks now target healthcare, an industry that takes 103 days to contain a breach on average – longer than any other. All the tech in the world won’t stop a determined threat group; just look at the Target breach of 2013, where 300 security staff and millions of dollars of kit couldn’t stop attackers roaming around the retailer’s network for several months.
These stats show that it’s vital for organizations to implement real-time monitoring that can detect even the most sophisticated attacks with great accuracy.
You might not be able to thwart an attack, but you can certainly prevent any damage done to your customers, bank account, and reputation. Cyber crises are unique scenarios requiring executives to appreciate the
David and Goliath
situation that defenders of SAP applications and code find themselves up against.
The cost and effort of cyber-software has dissuaded organizations in the past, but you can now implement the most advanced technology with minimal effort and friction-less maintenance. Additionally, the ongoing cost is substantially less than a human resource cost, and with the power and capabilities that not even an unlimited headcount number could achieve. Real-time monitoring enables your organization to be cyber resilient and empowers your SOC team to focus on the real-world consequences of a cyber incident. It tracks suspicious attacks and responses in real-time, providing executives with an instant view of actual events and their potential for harm.
Is your organization one of the majority who now expects to be hacked? If so, begin preparing today and check out our groundbreaking platform for yourself.